Asia yarn and cloth production growth

by:JIYALI     2021-08-14
The recent report of the International Textile Manufacturers Association added China's yarn and cloth production data for the first time. So far, China is the world's largest textile producer. Therefore, adding relevant data from China has greatly improved the quality of the report.   In the third quarter of 2007, global yarn production expanded due to increased production in Asia, but decreased production in Europe, South America and North America. World cloth production has hardly changed. Asia and North America have increased production, but Europe and South America have declined.   Global yarn stocks increased slightly, although production in South America was significantly reduced. Cloth inventory fell sharply, mainly due to the decrease in inventory in Asia and South America. In Europe, orders for yarn and cloth have decreased. On the other hand, Brazilian yarn orders have decreased, but cloth orders have increased.   In the third quarter of 2007, global yarn production increased by 0.6%, mainly due to a 1.3% increase in Asian production. During the same period, production in North America, Europe and Asia decreased by 4.1%, 5.2% and 5.9%, respectively.  According to the year-on-year calculation, the total yarn output increased by 8.7%, Asia increased significantly by 11.1%, and Europe increased slightly by 0.3%. South America and North America decreased by 21.5% and 8.3%, respectively.   After the increase in output in the second quarter, the global cloth output increased slightly by 0.2% in the third quarter of 2007. Asia increased production by 1.8%, North America increased by 1.3%, but Europe decreased by 6.6%, and South America decreased by 10.9%, almost offsetting the increase.  Global cloth production increased by 8.8% year-on-year, and Asia increased production by 13.3%, but Europe, North America and South America decreased production by 1.1%, 11.7% and 15.7% respectively.  Global yarn inventory increased by 1.1%, the highest inventory in three years. Yarn inventories in South America decreased by 26.6%, and Asia and Europe increased by 4.0% and 2.4% respectively.  Compared with the third quarter of 2006, the global yarn inventory increased by 10.9%, of which Europe and Asia increased by 13.2% and 21.6% respectively, while the South American yarn inventory decreased by 40.0%.   In the third quarter of 2007, global cloth inventories decreased by 16%. South America and Asia decreased by 12.2% and 21.1%, and North America and Europe increased by 1.5% and 2.2%, respectively.  The global cloth inventory decreased by 31% year-on-year. Among them, Asia, North America and South America decreased by 39.5%, 9.5% and 5.2% respectively. Only European cloth stocks increased by 2.2%.   European and Brazilian yarn orders decreased by 3.2% and 2.9% respectively compared with the second quarter of 2007. From a year-on-year comparison, European and Brazilian yarn orders decreased by 1.5% and 17.8%, respectively.   European cloth orders decreased by 3.5%, and Brazilian cloth orders increased by 3.2%. Compared with the same period in 2006, European cloth orders decreased by 3.0%, and Brazilian cloth orders decreased by 7.7%.
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